I'm in I'm noting the effort of those to preserve their cash, and pull out at this juncture. I can see traders knowingly pull out, and wait for another entry point. I also note on the quarterly reports (archived) that Q1 should be out in early April. I think this is the timeline for the short pressure. I also see a short squeeze at a real likelyhood then. Only if they don't report anything from Shafter, will the sp stay low. The ball mill's been turning since June, they have been producing concentrate. When process all that concentrate, there should be quite a quartely report. Is this spring, or fall? Time will tell.
Frankly, I think the chances of Aurcana getting to 30 dollars after a reverse split(within 2 years), is better that it trying to make three dollars without it. They will likely be on the big boards. Larger instutions should be getting positions, as they gain traction as a mid-tier on route to becoming a major.
I don't like the thought of any PP anytime soon after the RS. Hopefully sanity, and shareholder pressure will prevent that. I share the reservations of those who've been here the longest. I held shares long before I posted here.
I see this as a perfect storm right now. Uncertainty and fear gripping retail investors, a good month away from potential positive news and silver correcting lower. What am I doing with that all being said? Adding shares, and averaging down when others are leaving. I will try to double my position before April. Inspite of all this angst, the company on route to producing much more silver. For me, thats the bottom line.